Steiner AG sells commercial building in the Glasi district
Real estate developer Steiner has sold an office and commercial building in Bülach's Glasi district to the Geneva-based investment company Edmond de Rothschild Real Estate SICAV. Around 80 percent of the commercial building has already been let. The Wisli Foundation will be the anchor tenant.
The investment company Edmond de Rothschild Real Estate SICAV from Geneva has bought the Angelo house in the new Glasi district in Bülach from the Zurich general contractor Steiner , who is developing the quarter. Nothing was known about the purchase price. According to a press release , the first expansion work began in November 2021.
The Wisli Foundation will move in as a long-term tenant. The non-profit social institution wants to run a cafeteria and a bakery on the ground floor. Furthermore, the digital health center , a center for digital innovation in healthcare, occupies rooms. Overall, more than 80 percent of the 6,576 square meter commercial space is rented.
From the summer, the new district with its 21 new buildings on a 42,000 square meter site of the former Bülach glassworks should gradually come to life. After completion of all work, the quarter will offer 1,500 people 560 apartments and more than 20,000 square meters of commercial space to live and work.